XL Group PLC (XL): Today's Featured Insurance Winner

XL Group ( XL) pushed the Insurance industry higher today making it today's featured insurance winner. The industry as a whole closed the day up 0.7%. By the end of trading, XL Group rose $0.39 (1.2%) to $32.40 on average volume. Throughout the day, 1,864,933 shares of XL Group exchanged hands as compared to its average daily volume of 2,300,700 shares. The stock ranged in a price between $31.91-$32.43 after having opened the day at $32.07 as compared to the previous trading day's close of $32.01. Other companies within the Insurance industry that increased today were: Crawford & Company ( CRD.B), up 15.6%, Crawford & Company ( CRD.A), up 9.2%, American Independence Corporation ( AMIC), up 6.3% and Independence Holding Company ( IHC), up 4.9%.

XL GROUP Public Limited Company, through its subsidiaries, provides insurance and reinsurance coverages to industrial, commercial, and professional firms, as well as insurance companies and other enterprises worldwide. XL Group has a market cap of $9.1 billion and is part of the financial sector. Shares are up 25.9% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate XL Group a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates XL Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, compelling growth in net income and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, National Security Group ( NSEC), down 5.5%, Navigators Group ( NAVG), down 2.2% and CNinsure ( CISG), down 1.9% , were all laggards within the insurance industry with MetLife ( MET) being today's insurance industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the insurance industry could consider KBW Insurance ETF ( KIE) while those bearish on the insurance industry could consider Proshares Short Financials ( SEF).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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